Magma Housing Finance Team Manager Salaries by 2 Employees (Updated 2025)

9 - 10 years exp.

₹3.7 Lakhs - ₹4.7 Lakhs

Low Confidence

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Last Updated: 13 Dec 2023

Companies similar to Magma Housing Finance for Team Manager

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Team Manager salary at Magma Housing Finance ranges between ₹3.7 Lakhs to ₹4.7 Lakhs per year for employees with experience between 9 years to 10 years. Salary estimates are based on 2 latest salaries received from various employees of Magma Housing Finance.

Similar Designation salaries in Magma Housing Finance

Area Manager Salary

(AmbitionBox Estimate)

₹6.5 L/yr - ₹8.3 L/yr

Branch Manager Salary

(AmbitionBox Estimate)

₹7.2 L/yr - ₹9.2 L/yr

Deputy Manager Salary

(AmbitionBox Estimate)

₹6.3 L/yr - ₹8 L/yr

Team Lead Salary

(4 salaries)

₹4.4 L/yr - ₹4.5 L/yr

Relationship Manager Salary

(100 salaries)

₹2.4 L/yr - ₹5.15 L/yr

Operations Executive Salary

(AmbitionBox Estimate)

₹2.2 L/yr - ₹2.8 L/yr

Salary related reviews for Magma Housing Finance

5.0

Rated by 1 employees for salary & benefits

Assistant Manager Finance & Accounts in Pune

Finance & Accounting Department

3.0

• posted on 30 Jun 2022

3.0

for Salary and Benefits

Likes

Team work and learning experience was really good for a fresher. Politics was the worst one especially by the senior managers.

Job security - Excellent

+1 more

Dislikes

Politics especially by the senior managers. Few of them even harassed their subordinates.

Work-life balance - Poor

Associate in Kolkata

Finance & Accounting Department

3.0

• posted on 18 May 2021

2.0

for Salary and Benefits

Likes

Job security is there but not growth. You will learn many things in first two years.

Dislikes

Depends on department to department. Poor work culture, higher management will give u lots of work by saying you are senior and you have to manage alone the task of two. Poor team management, seniors will put unnecessary pressure. No good compensation, no leadership quality in bosses. Repetitive and laborious job. No one talks about new idea. Your suggestions will not be consider in front of seniors.

Salary - Poor

+2 more

Branch Credit Manager in Gwalior

Housing Finance Department

5.0

• posted on 23 Aug 2020

5.0

for Salary and Benefits

Likes

Magma housing finance working culture are good with 100% job satisfaction and job security. Magma help during Covid - 19 lock down through work from home to all employee and after lock down learn all security point like keep mask, keep 3 feet distance, hand wash etc all paint remember to all employee par day. Also Magma housing finance donate some fund in PM Covid - 19 fund which is help for Covid patent. THANKS TO MAGMA FOR GETTING THIS OPPORTUNITY TO ME

Salary - Excellent

+6 more

Dislikes

Sorry no dislike things

Relationship Manager in Eluru

Other Department

1.0

• posted on 11 Oct 2020

1.0

for Salary and Benefits

Likes

No supporting any employee. Only marketing publicity found transfer for pm account. With employee curshel situation covid19 time. my personal.

Dislikes

Magma company is super competaion to banks.but heads is very dangers, politics,

Salary - Bad

+6 more

Assistant Credit Manager in Indore

Home Loan Department

5.0

• posted on 22 Jun 2020

5.0

for Salary and Benefits

Likes

The company is adaptive toward new and updated technology and changes with the current scenario. Teach a lot to the employee about the policies, work enhancement by their training sessions and empower them to give their best.

Salary - Excellent

+5 more

Dislikes

Company have decent schedule and work culture but not respected and practice by the team. Late night working, holidays forcefully working, more then 12 hours working, office politics, etc

Work-life balance - Poor

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1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Magma Housing Finance Team Manager Salary FAQs

What is the notice period for Team Manager at Magma Housing Finance?

According to AmbitionBox, 100% of the Magma Housing Finance Team Managers reported a notice period of 1 Month.This is based on 1 response on AmbitionBox in last 2 years.

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Magma Housing Finance Team Manager Salaries

Magma Housing Finance Team Manager salary in India ranges between ₹3.7 Lakhs to ₹4.7 Lakhs. This is an estimate based on latest salaries received from employees of Magma Housing Finance.